Market revenue in 2023 | USD 11,119.0 million |
Market revenue in 2030 | USD 20,280.3 million |
Growth rate | 9% (CAGR from 2023 to 2030) |
Largest segment | Sprays |
Fastest growing segment | Scented Candles |
Historical data covered | 2017 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Scented Candles, Sprays, Essential Oils, Incense Sticks |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home fragrance market will help companies and investors design strategic landscapes.
sprays was the largest segment with a revenue share of 33.85% in 2023. Horizon Databook has segmented the Global home fragrance market based on scented candles, sprays, essential oils, incense sticks covering the revenue growth of each sub-segment from 2017 to 2030.
One of the prominent home fragrances market trends that is expected to have a positive impact on market growth in the coming years is the emergence of customized home fragrance candles. Companies are allowing customers to customize the shape, size, color, texture, and fragrances of candles to suit their individual tastes and preferences.
Some people with asthma claim that the synthetic chemicals in electric air fresheners and some spray bottle air fresheners can aggravate their condition. The rise in consumer awareness about the negative effects of synthetic fragrances, such as headaches, dizziness, nausea, respiratory distress, and others, is expected to hinder the growth of the home fragrance market forecast.
Horizon Databook provides a detailed overview of global-level data and insights on the Global home fragrance market , including forecasts for subscribers. This global databook contains high-level insights into Global home fragrance market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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